• @d00ery
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    5 hours ago

    Could country A try to decrease exports to country B and increase exports to country C, D, and E, perhaps by lowering the cost in C, D, and E?

    I don’t have any evidence for, and this document is just too long for me to read at this late hour. [IMF - Macroeconomic Consequences of Tariffs](Macroeconomic Consequences of Tariffs. https://www.imf.org/-/media/Files/Publications/WP/2019/wp1909.ashx)

    • @Buddahriffic
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      151 minutes ago

      Yeah, I’d think they’re going to produce what they are going to produce and will adjust allocation and prices to accommodate the demand change in the tariff country.